WO2006133140A3 - Payment system and method for on-line commerce operations - Google Patents
Payment system and method for on-line commerce operations Download PDFInfo
- Publication number
- WO2006133140A3 WO2006133140A3 PCT/US2006/021835 US2006021835W WO2006133140A3 WO 2006133140 A3 WO2006133140 A3 WO 2006133140A3 US 2006021835 W US2006021835 W US 2006021835W WO 2006133140 A3 WO2006133140 A3 WO 2006133140A3
- Authority
- WO
- WIPO (PCT)
- Prior art keywords
- sva
- isvp
- customer
- consumer
- stored value
- Prior art date
Links
Classifications
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/02—Banking, e.g. interest calculation or account maintenance
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/02—Payment architectures, schemes or protocols involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/08—Payment architectures
- G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/08—Payment architectures
- G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
- G06Q20/105—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems involving programming of a portable memory device, e.g. IC cards, "electronic purses"
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/08—Payment architectures
- G06Q20/12—Payment architectures specially adapted for electronic shopping systems
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/22—Payment schemes or models
- G06Q20/28—Pre-payment schemes, e.g. "pay before"
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/30—Payment architectures, schemes or protocols characterised by the use of specific devices or networks
- G06Q20/36—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes
- G06Q20/367—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes involving electronic purses or money safes
- G06Q20/3678—Payment architectures, schemes or protocols characterised by the use of specific devices or networks using electronic wallets or electronic money safes involving electronic purses or money safes e-cash details, e.g. blinded, divisible or detecting double spending
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q20/00—Payment architectures, schemes or protocols
- G06Q20/38—Payment protocols; Details thereof
- G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
- G06Q20/405—Establishing or using transaction specific rules
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/06—Buying, selling or leasing transactions
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/06—Buying, selling or leasing transactions
- G06Q30/0601—Electronic shopping [e-shopping]
- G06Q30/0603—Catalogue ordering
Abstract
An independent provider of electronic stored value credit to enable a consumer of products and services to apply cash or cash equivalents to fund an electronic account, i.e., the stored value in account (SVA), managed by an independent stored value provider (ISVP) in a network of ISVPs. The consumer is typically a customer of the ISVP. The applied funds may be used by the customer to purchase products and services from any of several merchants that have established a transactional business association with the ISVP, such as an online e-commerce business or a traditional in-store business. A customer may transfer funds from one SVA to another SVA. Customers may add funds to the SVA, in person, at a Retail Finance Services Provider (RFSP) who verifies the identity of the consumer without requiring traditional financial information such as bank accounts, Social Security information, credit card or debit card information.
Applications Claiming Priority (4)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US68744605P | 2005-06-06 | 2005-06-06 | |
US60/687,446 | 2005-06-06 | ||
US69846605P | 2005-07-13 | 2005-07-13 | |
US60/698,466 | 2005-07-13 |
Publications (2)
Publication Number | Publication Date |
---|---|
WO2006133140A2 WO2006133140A2 (en) | 2006-12-14 |
WO2006133140A3 true WO2006133140A3 (en) | 2007-03-29 |
Family
ID=37499030
Family Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
PCT/US2006/021835 WO2006133140A2 (en) | 2005-06-06 | 2006-06-06 | Payment system and method for on-line commerce operations |
Country Status (2)
Country | Link |
---|---|
US (2) | US20060277148A1 (en) |
WO (1) | WO2006133140A2 (en) |
Families Citing this family (44)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US7958030B2 (en) | 2004-09-01 | 2011-06-07 | Visa U.S.A. Inc. | System and method for issuer originated payments for on-line banking bill payments |
US8059646B2 (en) | 2006-07-11 | 2011-11-15 | Napo Enterprises, Llc | System and method for identifying music content in a P2P real time recommendation network |
US8327266B2 (en) | 2006-07-11 | 2012-12-04 | Napo Enterprises, Llc | Graphical user interface system for allowing management of a media item playlist based on a preference scoring system |
US9003056B2 (en) | 2006-07-11 | 2015-04-07 | Napo Enterprises, Llc | Maintaining a minimum level of real time media recommendations in the absence of online friends |
US7970922B2 (en) | 2006-07-11 | 2011-06-28 | Napo Enterprises, Llc | P2P real time media recommendations |
US8620699B2 (en) | 2006-08-08 | 2013-12-31 | Napo Enterprises, Llc | Heavy influencer media recommendations |
US8090606B2 (en) | 2006-08-08 | 2012-01-03 | Napo Enterprises, Llc | Embedded media recommendations |
US9779556B1 (en) | 2006-12-27 | 2017-10-03 | Stamps.Com Inc. | System and method for identifying and preventing on-line fraud |
US9224427B2 (en) | 2007-04-02 | 2015-12-29 | Napo Enterprises LLC | Rating media item recommendations using recommendation paths and/or media item usage |
US8112720B2 (en) | 2007-04-05 | 2012-02-07 | Napo Enterprises, Llc | System and method for automatically and graphically associating programmatically-generated media item recommendations related to a user's socially recommended media items |
US11257080B2 (en) | 2007-05-04 | 2022-02-22 | Michael Sasha John | Fraud deterrence for secure transactions |
US10853855B2 (en) * | 2007-05-20 | 2020-12-01 | Michael Sasha John | Systems and methods for automatic and transparent client authentication and online transaction verification |
US8078515B2 (en) | 2007-05-04 | 2011-12-13 | Michael Sasha John | Systems and methods for facilitating electronic transactions and deterring fraud |
US9037632B2 (en) | 2007-06-01 | 2015-05-19 | Napo Enterprises, Llc | System and method of generating a media item recommendation message with recommender presence information |
US9164993B2 (en) | 2007-06-01 | 2015-10-20 | Napo Enterprises, Llc | System and method for propagating a media item recommendation message comprising recommender presence information |
US8285776B2 (en) | 2007-06-01 | 2012-10-09 | Napo Enterprises, Llc | System and method for processing a received media item recommendation message comprising recommender presence information |
US20090049045A1 (en) | 2007-06-01 | 2009-02-19 | Concert Technology Corporation | Method and system for sorting media items in a playlist on a media device |
US20090089211A1 (en) * | 2007-10-02 | 2009-04-02 | Patricia Morse | System and method for person to person fund transfer |
US9060034B2 (en) | 2007-11-09 | 2015-06-16 | Napo Enterprises, Llc | System and method of filtering recommenders in a media item recommendation system |
US20090150254A1 (en) * | 2007-11-30 | 2009-06-11 | Mark Dickelman | Systems, devices and methods for computer automated assistance for disparate networks and internet interfaces |
US9734507B2 (en) | 2007-12-20 | 2017-08-15 | Napo Enterprise, Llc | Method and system for simulating recommendations in a social network for an offline user |
US8396951B2 (en) | 2007-12-20 | 2013-03-12 | Napo Enterprises, Llc | Method and system for populating a content repository for an internet radio service based on a recommendation network |
US8060525B2 (en) | 2007-12-21 | 2011-11-15 | Napo Enterprises, Llc | Method and system for generating media recommendations in a distributed environment based on tagging play history information with location information |
US8316015B2 (en) | 2007-12-21 | 2012-11-20 | Lemi Technology, Llc | Tunersphere |
US8117193B2 (en) | 2007-12-21 | 2012-02-14 | Lemi Technology, Llc | Tunersphere |
WO2009091722A1 (en) | 2008-01-15 | 2009-07-23 | Visa U.S.A. Inc. | System and method for data completion including push identifier |
US8725740B2 (en) | 2008-03-24 | 2014-05-13 | Napo Enterprises, Llc | Active playlist having dynamic media item groups |
US8484311B2 (en) | 2008-04-17 | 2013-07-09 | Eloy Technology, Llc | Pruning an aggregate media collection |
US8355992B1 (en) | 2008-05-16 | 2013-01-15 | Michael Haugh | System and method for verifying the age of a controlled substance purchaser |
US8484227B2 (en) | 2008-10-15 | 2013-07-09 | Eloy Technology, Llc | Caching and synching process for a media sharing system |
US8880599B2 (en) | 2008-10-15 | 2014-11-04 | Eloy Technology, Llc | Collection digest for a media sharing system |
US8200602B2 (en) | 2009-02-02 | 2012-06-12 | Napo Enterprises, Llc | System and method for creating thematic listening experiences in a networked peer media recommendation environment |
US9342832B2 (en) | 2010-08-12 | 2016-05-17 | Visa International Service Association | Securing external systems with account token substitution |
US8909667B2 (en) | 2011-11-01 | 2014-12-09 | Lemi Technology, Llc | Systems, methods, and computer readable media for generating recommendations in a media recommendation system |
US9245413B2 (en) | 2012-09-28 | 2016-01-26 | Sightline Interactive LLC | Systems and methods for poker gameplay funding |
US20150019414A1 (en) * | 2012-09-28 | 2015-01-15 | Sightline Interactive, LLC | Systems and methods for balance transfers associated with payment vehicles and gaming environments |
US9196123B2 (en) | 2012-09-28 | 2015-11-24 | Sightline Interactive LLC | Systems and methods for balance transfers associated with gaming environments |
US10679237B2 (en) * | 2014-05-15 | 2020-06-09 | PayForward, LLC | Social-financial network systems and methods |
US10304101B2 (en) * | 2015-02-17 | 2019-05-28 | Mastercard International Incorporated | Age verification through mobile wallet method and apparatus |
AU2016267398A1 (en) * | 2015-05-25 | 2017-12-14 | Isx Ip Ltd | Secure payment |
US10380662B2 (en) * | 2016-08-30 | 2019-08-13 | Ncr Corporation | Pre-verification processing |
WO2019032538A1 (en) | 2017-08-08 | 2019-02-14 | Walmart Apollo, Llc | Validating identification of a user for purchase of age-restricted items |
WO2020060835A1 (en) * | 2018-09-20 | 2020-03-26 | Walmart Apollo, Llc | Systems and methods for the sale of age-restricted merchandise |
CN113643021A (en) * | 2021-08-16 | 2021-11-12 | 斑马网络技术有限公司 | Method, device and system for automatically adjusting upper limit of payable amount |
Citations (5)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US20020019781A1 (en) * | 2000-07-24 | 2002-02-14 | Analydia Shooks | Method and system for facilitating the anonymous purchase of goods and services from an e-commerce website |
US20020120563A1 (en) * | 2000-09-19 | 2002-08-29 | Mcwilliam William J. | System and method for effecting anonymous payments |
US20040073814A1 (en) * | 2002-05-30 | 2004-04-15 | Shingo Miyazaki | Access control system, device, and program |
US20050050345A1 (en) * | 2003-04-25 | 2005-03-03 | Apple Computer, Inc. | Method and system for secure network-based distribution of content |
US20050080732A1 (en) * | 2001-09-20 | 2005-04-14 | Warin Marc Georges | Internet payment and security system |
Family Cites Families (4)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US5878141A (en) * | 1995-08-25 | 1999-03-02 | Microsoft Corporation | Computerized purchasing system and method for mediating purchase transactions over an interactive network |
US20020050345A1 (en) * | 2000-10-31 | 2002-05-02 | Haruo Miura | Heat exchanger for air compressor |
US20050137987A1 (en) * | 2003-12-22 | 2005-06-23 | Robert May | Customer age verification |
US20060235795A1 (en) * | 2005-04-19 | 2006-10-19 | Microsoft Corporation | Secure network commercial transactions |
-
2006
- 2006-06-06 US US11/447,056 patent/US20060277148A1/en not_active Abandoned
- 2006-06-06 WO PCT/US2006/021835 patent/WO2006133140A2/en active Application Filing
- 2006-06-06 US US11/447,057 patent/US20060273155A1/en not_active Abandoned
Patent Citations (5)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US20020019781A1 (en) * | 2000-07-24 | 2002-02-14 | Analydia Shooks | Method and system for facilitating the anonymous purchase of goods and services from an e-commerce website |
US20020120563A1 (en) * | 2000-09-19 | 2002-08-29 | Mcwilliam William J. | System and method for effecting anonymous payments |
US20050080732A1 (en) * | 2001-09-20 | 2005-04-14 | Warin Marc Georges | Internet payment and security system |
US20040073814A1 (en) * | 2002-05-30 | 2004-04-15 | Shingo Miyazaki | Access control system, device, and program |
US20050050345A1 (en) * | 2003-04-25 | 2005-03-03 | Apple Computer, Inc. | Method and system for secure network-based distribution of content |
Non-Patent Citations (2)
Title |
---|
AVALIANI A.: "Successful E-Business Systems - Paypal", ARXIV, December 2004 (2004-12-01), Retrieved from the Internet <URL:http://www.arxiv.org/abs/cs.OH/0412011> * |
PARKER: "Electronic Payment systems", SCHOOL WORKING PAPER SERIES 2002 SWP 2002/54, 2002, Retrieved from the Internet <URL:http://www.deakin.edu.au/buslaw/infosys/docs/workingpapers/archive/Working_Papers_2002/2002_54_Parker.pdf> * |
Also Published As
Publication number | Publication date |
---|---|
US20060273155A1 (en) | 2006-12-07 |
US20060277148A1 (en) | 2006-12-07 |
WO2006133140A2 (en) | 2006-12-14 |
Similar Documents
Publication | Publication Date | Title |
---|---|---|
WO2006133140A3 (en) | Payment system and method for on-line commerce operations | |
Khan et al. | A compendious study of online payment systems: Past developments, present impact, and future considerations | |
Vyas | Impact of e-banking on traditional banking services | |
US8244611B2 (en) | Private label promotion card system, program product, and associated computer-implemented methods | |
Yakean | Advantages and Disadvantages of a Cashless System in Thailand during the COVID-19 Pandemic | |
US20060229974A1 (en) | Method of extending credit to at least one consumer and method of processing a transaction between a consumer and a merchant | |
WO2004114168A8 (en) | A system and method for facilitating on-line payment | |
Bansal et al. | Global payments 2018: A dynamic industry continues to break new ground | |
WO2007086999A3 (en) | System and method for facilitating commercial transactions | |
WO2006121541B1 (en) | Automated rebate system and method | |
US20130304620A1 (en) | Using a value-ascertainable item to obtain credit at a third-party merchant | |
US10002366B2 (en) | Systems and methods for transaction processing using various value types | |
US20170011390A1 (en) | System for facilitating digital wallet transfers | |
US20090228391A1 (en) | Methods To Advance Loan Proceeds On Prepaid Cards, Associated Systems And Computer Program Products | |
US20090171776A1 (en) | System and method for providing variable incentives based on spending | |
Kumar | Digital payment and its effects in Indian business | |
Stankic et al. | Digital transformation trends in payment systems | |
Chakravorti | New payment technologies: Back to basics | |
DeRosa | Sponsored transactional patterns: Comments on Mehrling’s “Essential hybridity: A money view of FX” | |
Poovarasan et al. | 25 IMPACT OF E-BANKING AND TRADITIONAL BANKING SERVICES IN BANKING INDUSTRIES | |
US20200394633A1 (en) | A transaction processing system and method | |
Yoo et al. | The supplier management and approval in reverse trade card: An electronic payment system on the B2B | |
NGUYEN | THE TWO-SIDED MARKET AND ITS IMPACT ON THE DEVELOPMENT OF NON-CASH PAYMENT SERVICES IN VIETNAM | |
Sun et al. | Features of Digital Payment Systems in China and the Prospects for Their Implementation Around the World | |
Malarkodi et al. | A Conceptual Study on Benefits of Electronic Payment System During Demonetization. |
Legal Events
Date | Code | Title | Description |
---|---|---|---|
121 | Ep: the epo has been informed by wipo that ep was designated in this application | ||
NENP | Non-entry into the national phase |
Ref country code: DE |
|
122 | Ep: pct application non-entry in european phase |
Ref document number: 06772227 Country of ref document: EP Kind code of ref document: A2 |